Post
Topic
Board Bitcoin Technical Support
Re: What happened to keeping all my bitcoin in same address? Now I pay insane fees?!
by
apogio
on 20/09/2023, 07:04:43 UTC
I have used GREEN, MUUN, BITCOIN.COM etc

Over time my fees start to jump to $2-$3+ randomly.. I search and beg for an option to turn this stupid "privacy" feature of changing my bitcoin address off.

I literally send all my funds to ONE SINGLE ADDRESS yet each bitcoin app I have used INSISTS on changing my funds around causing me headaches and endless fees later.

I don't know who thought this made privacy better, but I can literally track and see where all my bitcoins are being funneled to.

This has done nothing but caused double to triple the fees everytime I go to send a bitcoin transaction. Sometimes I'm lucky if the amount is small enough it only cost one fee.

But when your wallet keeps moving your bitcoins around sometimes it has to pull from multiple wallets and its causing stupid fees!!

A SINGLE bitcoin fee is already getting high enough as is!!!!!

Please can someone tell me a wallet that doesn't have this discusting sickening "feature" that has done nothing but continuously cost me more in fees?

My request is simple:

I want ONE BITCOIN ADDRESS FOR EVERYTHING ALL FUNDS!

If I want my bitcoin address changed, I want to be the one to do it!

This is an issue I've been neglecting to confront, everytime doing a google search not finding much on it. Switched bitcoin apps like 5x now with no luck. They all are doing the same thing without the option to disable! It does not matter if I send all bitcoins to just one address.

This is such a sick sickening "feature" if someone could please assist me I would thank you.

To even suggest it increases privacy is just sick to me to, why when I can click and see where my funds are going? Doesn't make sense.

Regardless of if I'm somehow mistaken (even though I've done it myself on the blockchain?) I BEG to have this feature disabled oh please!

Sorry for some rant but this has stressed me out sooooo much and now the fees are really being felt worse than an ATM!

Hello. Bitcoin works with UTXOs.
Let's say you have an address (A) where you want to send your funds.
Now let's assume that you send 100k sats today, 150k sats tomorrow and 200k sats the day after tomorrow.
In the end you will have 450k sats in address A, but it doesn't work like a total balance.
The address isn't part of a UTXO's identity. It is explains who will be able to spend the UTXO.
Now let's say you want to send to address (B) 250k sats.
This will require 2 UTXOs to be combined (100k + 150k) and it doesn't matter whether they come from the same address or from different addresses.

I don't know any wallet that can support it nowadays, as they all use the modern standards (HD wallets etc.)

The most common option for your request would be to use a legacy address in the form of a paper wallet. I don't suggest it though.